3501 50Th St Lubbock, TX 79413
Property summary
This exceptional retail opportunity is located at 3501 50th St, Lubbock, TX 79413, within the 50th & Indiana Shopping Center. The property consists of two single-story buildings totaling 41,000 square feet, offering a minimum divisible space of 3,000 square feet, with a maximum contiguous space also at 3,000 square feet. Currently, 3,000 square feet of retail space is immediately available. The center boasts ample parking with 160 spaces available for customers and employees. The property is zoned NC - Neighborhood Commercial, making it ideal for a variety of retail uses. This location benefits from exceptional visibility and high traffic counts, exceeding 51,500 vehicles daily, due to its strategic placement at the intersection of 50th Street and Indiana Avenue. The center is shadow-anchored by a high-performing United Supermarket's Market Street, ranked among the top three most visited Market Street locations in Texas, according to Placer.AI. Further enhancing the location's appeal are nearby businesses such as Planet Fitness, Starbucks, BioLife Plasma Services, and CVS, creating a strong synergy and attracting significant foot traffic. This presents a unique chance to establish a thriving retail presence in a vibrant and well-established commercial area. The property offers a strong foundation for immediate occupancy and long-term success.
Property profile
VerifiedCap rate & NOI
Current use
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Bakery Specialty Food Shop
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(Bike/Boat/Book/etc) Store Home Decor Store
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Food Processing Plant
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Clothing & Fashion Store
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Bank Credit Union
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Lubbock market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
38 · Lubbock, TXZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 38 in Lubbock, TX.
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